IPG Photonics Corporation (NASDAQ:IPGP) previous close was $207.24 while the outstanding shares total 53.54M. The firm has a beta of 1.37, a 12-month trailing P/E ratio of 56.66, and a growth ratio of 1.35. IPGP’s shares traded lower over the last trading session, losing -3.02% on 06/03/21. The shares fell to a low of $200.37 before closing at $200.98. Intraday shares traded counted 0.56 million, which was -73.92% lower than its 30-day average trading volume of 323.51K. The stock’s Relative Strength Index (RSI) is 44.90, with weekly volatility at 2.50% and ATR at 6.88. The IPGP stock’s 52-week price range has touched low of $149.51 and a $262.55 high.
Investors have identified the Semiconductor Equipment & Materials company IPG Photonics Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $10.62 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
IPG Photonics Corporation (IPGP) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For IPGP, the company has in raw cash 896.74 million on their books with 3.83 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 2.2 billion total, with 214.75 million as their total liabilities.
IPGP were able to record 60.12 million as free cash flow during the 08/03/2021 quarter of the year, this saw their quarterly net cash flow reduce by 18.19 million. In cash movements, the company had a total of 87.54 million as operating cash flow.
Potential earnings growth for IPG Photonics Corporation (IPGP)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/03/2021 quarter of the year, IPG Photonics Corporation recorded a total of 345.58 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 27.88% coming in sequential stages and their sales for the 08/03/2021 quarter increasing by 2.59%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 181.59 million trying to sell their products during the last quarter, with the result yielding a gross income of 163.99 million. This allows shareholders to hold on to 53.54M with the recently reported earning now reading 1.27 cents per share. This is a figure that compared to analyst’s prediction for their 08/03/2021 (1.17 cents a share).
Having a look at the company’s valuation, the company is expected to record 6.70 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on IPGP sounds very interesting.
Is the stock of IPGP attractive?
In related news, 10% Owner, IP FIBRE DEVICES LTD sold 4,074 shares of the company’s stock in a transaction that recorded on Jun 01. The sale was performed at an average price of 210.06, for a total value of 855,784. As the sale deal closes, the 10% Owner, IP FIBRE DEVICES LTD now sold 12,500 shares of the company’s stock, valued at 2,625,500. Also, 10% Owner, IP FIBRE DEVICES LTD sold 3,382 shares of the company’s stock in a deal that was recorded on May 25. The shares were price at an average price of 210.05 per share, with a total market value of 710,389. Following this completion of acquisition, the 10% Owner, IP FIBRE DEVICES LTD now holds 2,557 shares of the company’s stock, valued at 519,322. In the last 6 months, insiders have changed their ownership in shares of company stock by 27.70%.
7 out of 14 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on IPG Photonics Corporation. 0 analysts has assigned a Sell rating on the IPGP stock. The 12-month mean consensus price target for the company’s shares has been set at $255.85.